Proposed Legislation Would Make the 45L and 179D Energy Efficiency Tax Incentives More Lucrative
BLAINE, Minn., April 13, 2021 (SEND2PRESS NEWSWIRE) — The ‘Growing Renewable Energy and Efficiency Now’ (GREEN) Act aims to extend and boost tax incentives for energy efficiency and renewable energy. According to Alex Bagne, the President of ICS Tax, LLC, “If passed, the GREEN Act would make both the 45L Energy Efficient Home Credit (45L Credit) and the 179D Energy Efficient Commercial Building Deduction (179D Deduction) more advantageous while furthering the green missions of these incentives.”